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The Determinants Of Gdp Per Capita For China Versus Other Brics Economies: Are They Different?

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Listed:
  • HALIL D. KAYA

    (NORTHEASTERN STATE UNIVERSITY)

  • ENGKU NGAH S. ENGKUCHIK

    (PRINCE SULTAN UNIVERSITY)

Abstract

In this study, we compare the determinants of GDP per capital for China and the other BRICS countries over the 1985-2011 period. Due to missing data, we do not include Russia in the analysis. The variables that we include in the analyses are patent applications by residents, scientific and technical journal articles, exports, household consumption, age dependency ratio, foreign direct investment, energy production, and domestic credit to private sector. Our regression analyses show that, for the sample period, the determinants of GDP per capita are different for China and the other BRICS countries. While scientific and technical journal articles, household final consumption expenditure, foreign direct investment net inflows, exports of goods and services, age dependency ratio, and domestic credit to private sector by banks explain China’s GDP per capita in one or both models, the results are mixed for the other BRICS countries.

Suggested Citation

  • Halil D. Kaya & Engku Ngah S. Engkuchik, 2021. "The Determinants Of Gdp Per Capita For China Versus Other Brics Economies: Are They Different?," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 19-25, April.
    • Handle: RePEc:cbu:jrnlec:y:2021:v:2:p:19-25
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    References listed on IDEAS

    as
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